Archive

'The blue economy today is where AI was three to five years ago'

There is a "massive dearth" of funding for the blue economy, beyond early-stage investment, a venture capitalist has warned, but he maintained the theme is set to boom.

UK investors hit pause on sustainability labels

The "painful" process of applying for a sustainability fund label in the UK has led some asset managers to pause applications, Michael Hurley reports

Moody's to close ESG Solutions business following MSCI tie-up

Moody's has confirmed that it will close its ESG Solutions business, as a result of its tie-up with MSCI.

SBTi CEO steps down

Luiz Amaral has stepped down as chief executive of The Science Based Targets initiative (SBTi).

Turkish snack firm Ulker issues $550m sustainability-linked bond debut

Turkish biscuit and chocolate maker Ülker has raised $550 million from its debut sustainability-linked bond (SLB).

BlackRock acquires Preqin for £2.5bn

M&G increases commitment for responAbility's gender-focused fund

Sustainable bond market sees weakest first-half issuance for four years

Sustainable bond issuance in 2024 has crossed the $500 billion milestone in 2024, but remains 14% behind 2023 totals as all four major labels experience a slowdown and market share weakens.

Swathes of world's largest companies 'way off' meeting CSDDD

About 80% of the world's largest companies fail to meet any key elements of human rights due diligence, illustrating the urgent need for guidance as most of these companies brace for incoming EU regulation, according to a ranking of companies.

Nature risk tool ENCORE launches 'major' upgrade

UN-backed nature risk assessment tool ENCORE has undergone a 'major' upgrade to support reporting in line with the Taskforce on Nature-related Financial Disclosures (TNFD).